分类： dd

LI (02015.HK/LI.US) achieved a new high in the third quarter of this year. Both quarterly delivery volume and financial data were the best in history, and US stocks rose more than 7% before the market.

The financial report shows that in the third quarter of this year, LI’s revenue reached 34.68 billion yuan, a year-on-year increase of 271.2% and a quarter-on-quarter increase of 20.2%; The net profit was 2.81 billion yuan, exceeding the market expectation of 2.375 billion yuan, up 21.8% from the previous month, compared with a net loss of 1.65 billion yuan in the same period last year.

It is worth noting that this is the fourth consecutive quarter that LI has made a profit. For the new energy industry, although the market penetration rate has increased rapidly in recent years, many new energy vehicle companies have not yet achieved profitability. In particular, the new forces of building cars supported by capital are mostly in the stage of burning money. LI has achieved sustained growth in net profit, surpassing Tesla and BYD in gross profit margin.

Sustained profit

Automobile sales revenue is the main source of revenue. In the third quarter, automobile sales revenue was 33.62 billion yuan, up 271.6% year-on-year and 20.2% quarter-on-quarter. This is mainly due to the substantial increase in car delivery. LI delivered 105,100 new cars in the third quarter, up 296.3% year-on-year.

Since the beginning of this year, LI has developed rapidly and delivered more than 40,000 vehicles in October. Compared with other new energy vehicle companies, LI’s bicycle efficiency is higher, which reflects the ability to create explosions. At present, LI owns three L-series products, with monthly sales exceeding 10,000 vehicles. Although other new forces have a variety of products, it is difficult for bicycle sales to exceed 10,000. On the one hand, LI grasped the product market positioning accurately, and fully met the needs of consumers. On the other hand, compared with traditional luxury car companies with high brand premium, LI has a cost-effective advantage.

At present, the phenomenon of involution in the automobile market is serious, and the listing of a new product can easily impact the competition. With the intensification of competition, the iteration cycle of automobile products is getting shorter and shorter. Take the new M7 as an example. After the car went on the market, the sales of some products in this market segment declined. Some car companies will speed up the introduction of replacement products, and even reduce prices and increase distribution to compete for market share.

Judging from the market performance, the sales of the new M7 in Wenjie did not affect LI, and the sales volume in LI reached a new high in the third quarter. Li Xiang, CEO of LI, said: "In the face of Huawei, the management of LI has a unified understanding: 80% is learning, 20% is showing respect, and there is no complaint. As a start-up, we are still very admired and excited to meet such an example that we can learn from when we enter the scale of 100 billion income. This is our true mentality. "

The rapid development of new energy has reshuffled the market and the competition pattern has been reshaped. BYD’s momentum is still fierce after winning the automobile sales crown in 2022, which is mainly due to the strategy of the same price of oil and electricity to seize the market share of 250,000 yuan for fuel vehicles. LI’s products cost more than 300,000 yuan, and it is positioned as a high-end model. In this field, the market share of traditional luxury cars has been shaken. In the SUV market segment of more than 300,000 yuan, LI sold 231,000 vehicles in the first three quarters.

In the new energy vehicle market with a price of more than 200,000 yuan, the three head patterns of "Tebili" new energy have been formed, and the sales of these three head car companies have exceeded the sum of other brands. Among China brands, LI is only behind BYD, and LI’s share in Q3 reached 15.4%, up nearly 5 percentage points from the first quarter.

It is worth noting that this year, the auto market was caught in a price war, and LI resisted the market pressure and did not follow the tide of large-scale price reduction. At the same time, the increase in sales of high-priced models also boosted the growth of profitability. The main sales force in the third quarter of last year was Li ONE, and the price range was around 350,000 yuan. The ideal L9 began to increase rapidly in September. In the third quarter of this year, the main sales force was the ideal L series, and the price went up to the range of 460,000 yuan; Under the dual effects of delivery volume and product price, the total revenue has increased significantly. MEGA, the ideal new product listed at the end of the year, will cost more than 500,000 yuan.

According to the financial report data, in the third quarter of this year, LI’s gross profit was 7.64 billion yuan, up 546.7% year-on-year and 22.6% quarter-on-quarter. In terms of gross profit margin, in the third quarter of this year, LI’s gross profit margin reached 22.0%, with both year-on-year and quarter-on-quarter data rising.

In terms of cash reserves, LI’s free cash flow in the third quarter of this year was 13.22 billion yuan, up 37.5% from the previous month. By the end of the third quarter, cash reserves reached 88.52 billion yuan.

The goal of revenue of 100 billion is about to be achieved.

LI is expected to deliver 125,000 to 128,000 vehicles in the fourth quarter, up 169.9% to 176.3% year-on-year, and its total revenue will be 38.46 billion to 39.38 billion yuan, up 117.9% to 123.1% year-on-year. In the first three quarters of this year, LI’s accumulated revenue has reached 82.12 billion yuan, which means that the goal of 100 billion revenue will be achieved by the end of this year. It has also realized the transformation from an entrepreneurial enterprise to a large-scale automobile enterprise.

"The Changzhou manufacturing base in LI has completed the capacity upgrade, which is ready for further production climbing in the fourth quarter. In terms of supply chain management, it is ideal to strengthen efficient collaboration with suppliers by optimizing management strategies and upgrading management processes, and constantly break the bottleneck of parts supply. " Li Xiang said that at present, there are two production bases in Beijing and Changzhou, three production lines in Changzhou and one production line in Beijing. The current ideal production capacity can meet the sales and sales targets in the next two years. "

According to the strategic plan, LI adopts the dual-route layout of extended-range electric and pure electric, and the introduction of pure electric products will further promote the sales growth. Li Xiang said that the first 5C pure electric super flagship model Ideal MEGA will be officially released in December this year and will be delivered in February next year. "We believe that the ideal MEGA with 800V high-voltage platform and 5C charging rate will open a new chapter for LI in the pure electric market, and jointly promote the process of replacing traditional fuel vehicles on a large scale with extended range technology. At the same time, in line with the promotion of the pure electricity strategy, we are accelerating the construction of a super charging network to provide users with a more convenient and reliable charging experience. " LI plans to build more than 300 super charging stations by the end of this year, and increase the number to 3,000 in 2025 to support the demand of users of pure electric vehicles.

In addition, in addition to the first pure electric MEGA model to be launched in the fourth quarter, three pure electric models and one extended-range model are planned to be launched next year, which will make Ideal one of the most abundant new energy vehicle manufacturers.

At present, LI is increasing its R&D investment in the field of new technologies. In the third quarter of 2023, the ideal R&D expenditure reached 2.82 billion yuan, up 56.1% year-on-year and 16.1% quarter-on-quarter. The continuous increase of R&D expenses and healthy management ability will support LI to continuously increase R&D investment in four major technology platforms, including high-voltage pure electricity, extended-range electric, intelligent driving and smart space, as well as system R&D and technology development of cutting-edge projects.

"In the future, smart driving will be the goal of our core strategy. Our autopilot is about 900 people. It is planned that the number of R&D personnel for intelligent driving will exceed 2,000 next year and 2,500 in 2025. " Li Xiang said that in the future, it will increase investment in research and development including vehicle testing, computing power and personnel, and there will be sufficient cash reserves and cash flow to support it.

In the field of intelligence, in September this year, Ideal L series pushed OTA version 4.6 system to users, adding 25 functions and optimizing 10 experiences around the intelligent cockpit experience, creating more convenient and closer voice interaction function and APP interconnection experience for home users. Previously, based on a large model, LI built an urban NOA scheme that did not rely on high-precision maps. Compared with the small model algorithm, which is limited by the collection speed, update frequency and coverage of high-precision maps, the ideal city NOA has the ability to spread quickly throughout the country. At the same time, LI uses BEV big model to connect high-speed cities. After switching to big model algorithm architecture, the high-speed NOA functions of ideal AD Max and AD Pro platforms will be significantly optimized. According to the plan, LI will push the official version of AD Max 3.0 software to users this year, providing NOA capability of the whole scene, and push the software of AD Pro 3.0 to users in the first half of next year, which will greatly improve the driving assistance capability. "We are confident that we will become the first echelon of smart driving in the first half of next year." Li Xiang said.

Dig, dig and dig in the garden of traditional Chinese opera

Dig out a little eleven, I came today.

　　My name is Xiao 11, and I’m from CCTV-11 The Great Opera.

　　Do you still remember Macey Wa, who is lively and loves opera in The Great Opera? Yes, that’s me — — Xiao 11. I am a new media IP figure created by the Opera Channel. In The Great Drama, I took everyone to explore the world of drama and gained a lot of interesting drama stories and knowledge.

　　Starting today, I have a new job. You will see me in more and more places, accompany you every day and bring you the latest program information and interesting stories. Lock me, it must be right; Watch the drama, don’t miss it!

　　About my styling design, my uncle and aunt of the Opera Channel spent a lot of effort and went through several rounds of revision. After the first four drafts came out, they chose the head and feet that everyone liked to integrate again. After a lot of market research, I finally determined my "helmet head" and "feather" as the two most eye-catching elements.

　　On my face, I abandoned the traditional makeup mask, and only focused on the eyebrows, bangs and blushes. What I like best is my little thick-soled boots, which make me look cute and playful, and have the flavor of the national tide of opera. My friends and I like this. You can also tell me if you have any good suggestions.

　　As the "new anchor" of the opera channel, I especially like this new job. I know that everyone has placed a lot of hopes on me — — I hope to feel an interesting vitality through me; I also hope that through me, I can lead more audiences to understand and like opera and enter the opera channel … … Like many younger brothers and sisters who have just started their jobs, maybe I still have many minor problems, such as eating snacks, sleeping late, and sometimes forgetting things, but please believe me, I will make continuous progress and enrich myself to be a real "great little 11"!

Want to pay more attention to the "Little 11" dynamics

Pay attention to the central video number of "CCTV Opera"

Explore the wonderful and colorful world of traditional Chinese opera with "Xiao 11"

　　1. (000027) Shenzhen Energy: Supplement to the proposal of the second extraordinary shareholders’ meeting in 2008.

　　On March 25, 2008, Shenzhen Energy received a letter from Shenzhen Energy Group Co., Ltd. (the controlling shareholder of the company, holding 63.74% of the company’s shares), requesting the second extraordinary shareholders’ meeting in 2008 to consider the Proposal on Bidding for the Land of Shenzhen Energy Headquarters Building.

　　According to relevant regulations, the company submitted the new proposal to the second extraordinary general meeting of shareholders held on April 7, 2008 for consideration.

　　2. (000034)SST Shentai: The second prompt for holding the shareholders’ meeting related to the share-trading reform on March 28th.

　　1. Convenor: the board of directors of the company.

　　2. Time for convening the extraordinary shareholders’ meeting and relevant shareholders’ meeting:

　　On-site meeting time: Friday, March 28th, 2008, 9:00-11:30.

　　Online voting time: March 26th, 2008-March 28th, 2008.

　　Among them, the specific time for online voting through the trading system of Shenzhen Stock Exchange is:

　　From March 26th, 2008 to March 28th, 2008, every trading day is from 9: 30 to 11: 30 and from 13: 00 to 15: 00; It ended at 15:00 on March 28th, 2008.

　　The specific time for voting through the Internet is from 9: 30 on March 26th, 2008 to 15:00 on March 28th, 2008.

　　3. date of record: 24 March 2008

　　4. Site meeting place: meeting room of Shenzhen Huabao (Group) Feed Co., Ltd., northwest of the intersection of National Highway 107 and Xixiang Avenue, Baoan District, Shenzhen.

　　5. Meeting mode: combining on-site voting with online voting.

　　6. Matters to be considered at the meeting: Reform Plan of the Company’s Non-tradable Shares

　　3. (000035)ST Kejian: The board of directors passed the proposal of the company to carry out major asset restructuring and purchase assets through non-public offering of shares.

　　The 10th (temporary) meeting of the 4th Board of Directors of ST Kejian was held on March 24th, and the following proposals were considered and passed:

　　I. Proposal on the Company Meeting the Conditions for Non-public Offering of Shares;

　　2. Proposal on the Company’s Major Asset Restructuring and Non-public Offering of Shares to Purchase Assets;

　　3. To request the shareholders’ meeting to approve the proposal that zhu zhiping and his concerted actions are exempted from increasing the company’s shares by way of offer;

　　IV. "About the signing of the company with the Debt Committee, Kejian Group, Zhixiong Electronics, Tongli Company and Mr. Hao Jianxue"<框架协议>Proposal ";

　　V. About the signing of the Company with zhu zhiping, Ji Lisong, Cong Naikang and Tongli Company

　　VI. Proposal on Requesting the General Meeting of Shareholders to authorize the Board of Directors to handle matters related to major asset restructuring and non-public offering;

　　VII. Proposal on Submitting to the General Meeting of Shareholders for deliberation and approval on amending the Articles of Association;

　　VIII. Proposal on Temporarily Not Convening the Company’s General Meeting of Shareholders.

　　The company will hold another meeting of the board of directors to make supplementary resolutions on the above-mentioned related matters, and announce the time for convening the shareholders’ meeting separately.

　　4. (000035)ST Kejian: The first extraordinary general meeting of shareholders in 2008 was held on April 22nd.

　　1. Convening time: April 22nd, 2008 (Tuesday) at 1: 30pm.

　　2. Venue: Meeting room on the second floor of Kejian Building, Gongye Sixth Road, Shekou, Shenzhen.

　　3. Convenor: the board of directors of the company.

　　4. Convening method: on-site voting.

　　5. date of record: April 15, 2008

　　6. Matters to be considered at the meeting:

　　(1) Proposal on electing Mr. Du Changxi as the director of the fourth board of directors of the company;

　　(2) Proposal on reappointing Wuhan Zhonghuan Certified Public Accountants Co., Ltd. as the company’s financial auditing unit in 2007.

　　5. (000157) Zoomlion: The board of directors agreed to acquire the equity of Shaanxi Xinhuanggong Machinery Co., Ltd. and increase its capital.

　　The third interim meeting of the third board of directors of Zoomlion in 2008 was held on March 25th, and the following resolutions were passed:

　　1. Proposal on Acquisition of the Equity of Shaanxi Xinhuanggong Machinery Co., Ltd.;

　　2. Proposal on Capital Increase of Shaanxi Xinhuanggong Machinery Co., Ltd.;

　　III. Proposal on Authorizing the Chairman of the Board of Directors to Handle Stock Purchase, Capital Increase and Other Related Matters.

　　6. (000400) Xu Ji Electric: Main financial indicators and distribution plan of 2007 annual report.

　　I. Main financial indicators of the 2007 annual report

　　1. Earnings per share (RMB) 0.3066.

　　2. Net assets per share (RMB) 5.6331

　　3. ROE (%) 5.44

　　2. Send 1 yuan for every 10 shares (including tax).

　　7. (000421) North Nanjing: Major Events

　　In view of the background of national energy conservation and emission reduction policy, Changzhou Saide Thermal Power Co., Ltd., a holding subsidiary of Nanjing Zhongbei Holding Company, is facing the closure of power business. As Changzhou Saide is a Sino-foreign cooperative enterprise, the company is actively communicating and coordinating with relevant government departments on the above-mentioned power business shutdown and asset disposal, so as to avoid or reduce the possible impact on the company’s operating performance and safeguard shareholders’ rights and interests.

　　8. (000429) Guangdong Expressway A: Major events, the company’s shares will be suspended from March 26th.

　　Guangdong Expressway A is planning major asset restructuring matters, and will provide policy consultation and scheme demonstration to relevant departments within five working days after the publication of this announcement, so there are still uncertainties in related matters.

　　In order to protect the interests of investors and avoid significant impact on the company’s stock price, the company’s stock was suspended from March 26, 2008 upon the company’s application.

　　9. (000488) Chenming Paper Co., Ltd.: It intends to continue to provide guarantee for the relevant holding subsidiaries to apply for the comprehensive credit line of RMB in 2008.

　　On March 24, 2008, the sixth meeting of the fifth board of directors of Chenming Paper reviewed and passed the "Proposal on Providing Guarantee for Holding Subsidiaries to Apply for Bank Credit Line". The 2007 annual credit guarantee provided by the company for its holding subsidiaries has expired one after another. In order to ensure the normal production and operation of each holding subsidiary, the company intends to continue to provide guarantee for the relevant holding subsidiaries to apply for the comprehensive credit line of RMB in 2008, with a total guarantee amount of 2.25 billion yuan and a term of one year.

　　10. (000502) Lvjing Real Estate: Main financial indicators and distribution plan of the 2007 annual report.

　　I. Main financial indicators of the 2007 annual report

　　1. Earnings per share (RMB) 0.0239

　　2. Net assets per share (RMB) 1.08.

　　3. ROE (%) 2.21

　　Second, no distribution and no increase

　　11. (000530) Great Cold B: Abnormal fluctuations in stock trading.

　　The trading price of Dalang B stock was abnormal in the two consecutive trading days from March 24 to 25, 2008, which was a stock price change.

　　At present, the company does not have any matters or information that should be disclosed but not disclosed.

　　12. (000543) Wanneng Electric Power: Main financial indicators and distribution plan in 2007 annual report.

　　I. Main financial indicators of the 2007 annual report

　　1. Earnings per share (RMB) 0.08

　　2. Net assets per share (RMB) 6.82

　　3. ROE (%) 1.21

　　2. Pay 0.85 yuan (including tax) for every 10 shares.

　　13. (000543) Wanneng Electric Power: The 2007 Annual General Meeting of Shareholders was held on April 29th.

　　1. Meeting time: 9:00 am on Tuesday, April 29th, 2008.

　　2. Meeting place: Conference Room 5, 4th floor, Wanneng Building, No.99 Maanshan Road, Hefei, Anhui.

　　3. Convenor of the meeting: the board of directors of the company.

　　4. Method of meeting: On-site voting.

　　5. date of record: April 21, 2008

　　6. Matters considered at the meeting: Report on the Company’s Profit Distribution Plan for 2007, etc.

　　14. (000559) Wanxiang Qian Chao: The annual general meeting of shareholders passed the profit distribution plan for 2007.

　　The 2007 Annual General Meeting of Shareholders of Wanxiang Qian Chao was held on March 25th, 2008, and the following resolutions were passed:

　　1. Work Report of the Board of Directors in 2007.

　　2. Work Report of the Board of Supervisors in 2007.

　　3, 2007 annual financial statements.

　　4. Profit distribution plan for 2007.

　　5. Report on the implementation of related party transactions in 2007 and proposal on the forecast of daily related party transactions in 2008.

　　15. (000565) Chongqing Three Gorges A: The board of directors agreed to provide a one-year working capital loan guarantee of 20 million yuan for the holding subsidiary of Three Gorges Yingli Chemical.

　　The Eighth Board of Directors of the Fifth Session of Chongqing Three Gorges A was held on March 24th, and the proposal to provide a one-year working capital loan guarantee of 20 million yuan for Chongqing Three Gorges Yingli Chemical Co., Ltd., a holding subsidiary of the company, was reviewed and passed.

　　Chongqing Three Gorges Yingli Chemical Co., Ltd. is a holding subsidiary of the company. Its newly-built 50,000-ton glycine/year project is progressing normally and has entered the trial production stage. In order to ensure the completion and production of the project, the company decided to apply for a one-year working capital loan of RMB 20 million from China Merchants Bank Chongqing Branch Jiulongpo Sub-branch, and the company provided guarantee for it.

　　16. (000568) LU ZHOU LAO JIAO CO.,LTD: The performance in the first quarter of 2008 is expected to increase by 250%-300% year-on-year.

　　LU ZHOU LAO JIAO CO.,LTD predicted that the accumulated net profit from January to March 2008 would increase by 250% to 300% compared with the same period of last year, and the net profit attributable to shareholders of listed companies would also increase by more than 250% to 300% compared with the same period of last year.

　　The reasons are:

　　1. The first quarter is the traditional peak season for liquor sales, and the company arranged ahead of schedule. The leading products such as Guojiao 1573 and Luzhou Laojiao Tequ have a good sales situation and the sales volume has increased rapidly;

　　2. As of March 31, 2008, the company held 353,164,800 shares of Huaxi Securities (accounting for 34.86% of the total shares of Huaxi Securities), an increase of 333,164,800 shares compared with the same period of last year, so the investment income increased accordingly.

　　17. (000594) Tianjin Hongfeng: Shenzhen Guoheng sold 8,907,300 shares of the company again.

　　From March 20, 2008 to March 25, 2008, Shenzhen Guoheng Industrial Development Co., Ltd., a shareholder of Tianjin Hongfeng, has sold a total of 8,907,300 shares of the company through listing on Shenzhen Stock Exchange, accounting for 1.59% of the total shares of the company.

　　As of March 25th, 2008, Shenzhen Guoheng still holds 80,686,613 shares (accounting for 14.38% of the total shares of the company).

　　18. (000617) Petroleum firewood: main financial indicators and distribution plan of the 2007 annual report.

　　I. Main financial indicators of the 2007 annual report

　　1. Earnings per share (RMB) 0.41

　　2. Net assets per share (RMB) 2.81

　　3. ROE (%) 14.52

　　2. Send 0.2 yuan for every 10 shares (including tax).

　　19. (000625) Changan Automobile: The 2007 Annual General Meeting of Shareholders was held on April 25th.

　　(1) Convening time: 9:00 am on April 25th, 2008.

　　(II) Venue: Multimedia Meeting Room of Chang ‘an Science and Technology Building, No.260 Jianxin East Road, Jiangbei District, Chongqing.

　　(3) Convenor: the board of directors of the company.

　　(4) Convening method: on-site voting method.

　　(5) date of record: April 18, 2008.

　　(VI) Matters to be considered at the meeting: 2007 annual report and summary, profit distribution in 2007 and plan for converting capital reserve into share capital, etc.

　　20. (000625) Changan Automobile: Main financial indicators and distribution plan in 2007 annual report.

　　I. Main financial indicators of the 2007 annual report

　　1. Earnings per share (RMB) 0.34

　　2. Net assets per share (RMB) 3.89

　　3. ROE (%) 8.81

　　2. Transfer 2 shares for every 10 shares.

　　21. (000631)S*ST Lanbao: The annual report for 2007 will be disclosed before March 29th.

　　S*ST Lanbao’s 2007 financial audit was carried out ahead of schedule, and the audit report will be completed around March 27th, 2008. Therefore, the company’s original time to disclose the 2007 annual report on April 25th, 2008 will be advanced to March 29th, 2008.

　　22. (000652) TEDA Co., Ltd.: Main financial indicators and distribution plan of the 2007 annual report.

　　I. Main financial indicators of the 2007 annual report

　　1. Earnings per share (RMB) 0.35

　　2. Net assets per share (RMB) 1.93.

　　3. ROE (%) 18.24

　　Two, send 3 shares for every 10 shares, and send 0.34 yuan (including tax) to increase 1 share.

　　23. (000652) TEDA: The 2007 annual general meeting of shareholders was held on April 28th.

　　1. On-site meeting time: 2: 00pm on Monday, April 28th, 2008, with a duration of half a day;

　　Online voting time: the online voting time through the trading system is from 9: 30 am to 11: 30 am and from 13: 00 pm to 15: 00 pm on April 28, 2008; The specific time for voting through the Internet voting system of Shenzhen Stock Exchange is from 15:00 pm on April 27th, 2008 to 15:00 pm on April 28th, 2008.

　　2. Venue: Tianjin Tianma International Club Co., Ltd. (address: next to Tianjin Yangliuqing Golf Club, west of Jingfu Highway, Shuangkou Town, Beichen District, Tianjin);

　　3. Convenor: the board of directors of the company;

　　4. Convening method: combining on-site method with online voting;

　　5. date of record: April 21, 2008;

　　6. Matters considered at the meeting: the company’s profit distribution plan for 2007, and the proposal of the company to subscribe for new shares with idle funds in 2008.

　　24. (000655) Jinling Mining: The non-public offering of shares to purchase assets was approved by the state-owned assets management department.

　　Jinling Mining recently received a reply from the State-owned Assets Supervision and Administration Commission of Shandong Provincial People’s Government, agreeing that the company will issue no less than 30 million shares and no more than 50 million shares in a non-public manner to purchase auxiliary assets such as Zhaokou Branch Mine, power plant and some land workshops of Shandong Jinling Iron Mine.

　　25. (000671) Sunshine Development: The 2007 Annual General Meeting of Shareholders was held on April 17th.

　　1. Convenor of the meeting: the board of directors of the company;

　　2. Meeting time: 9:30 am on Thursday, April 17th, 2008;

　　3. Meeting place: Meeting room of Sunshine Holiday Hotel, No.26 Gao Qiao Road, Fuzhou;

　　4. Method of convening the meeting: voting on the spot;

　　5. date of record: April 10, 2008;

　　6. Matters considered at the meeting: The Full Text of the Company’s 2007 Annual Report and its Summary, and the Proposal on the Company’s 2007 Profit Distribution and Converting the Provident Fund into Share Capital, etc.

　　26. (000671) Sunshine Development: Main financial indicators and distribution plan of the 2007 annual report.

　　I. Main financial indicators of the 2007 annual report

　　1. Earnings per share (RMB) 0.18

　　2. Net assets per share (RMB) 2.71

　　3. ROE (%) 6.74

　　2. Pay 0.35 yuan (including tax) for every 10 shares.

　　27. (000677) Shandong Hailong: The performance in the first quarter of 2008 increased by 50%-150% in advance.

　　Shandong Hailong expects that the net profit in the first quarter of 2008 will increase substantially compared with the same period of last year, and it is expected to increase by 50%-150% in the same direction.

　　The reasons are as follows: in the first quarter of 2008, the company was affected by technological upgrading, and the sales of new products increased; In addition, the company’s income from intangible assets and the reduction of income tax rate are affected.

　　28. (000693)S*ST Juyou: The board of directors agreed to hire Zhongyuan International Assets Appraisal Co., Ltd. as an asset appraisal agency.

　　The 24th Board of Directors of the 6th Session of S*ST Juyou held a meeting by fax on March 25th, 2008, and passed the Proposal on Hiring Zhongyuan International Assets Appraisal Co., Ltd. as an Assets Appraisal Agency.

　　29. (000709) Tangshan Iron and Steel Co., Ltd.: The performance in the first quarter of 2008 is expected to increase by 50%-100%.

　　In the first quarter of 2008, the net profit attributable to the owner of the parent company of Tangshan Iron and Steel Co., Ltd. is expected to increase by 50%-100% year-on-year.

　　The reasons are:

　　1. The company increased the cooperation scope of strategic resources and reduced the procurement cost of main raw materials.

　　2. The second phase project of Tangshan Medium Plate Co., Ltd., a holding subsidiary of the company, was put into operation in the first quarter of 2008, which increased the production capacity and benefit.

　　3. The company strives to optimize the variety structure and increase the proportion of high value-added products.

　　4. The company vigorously carried out energy conservation and emission reduction, developed circular economy, deepened benchmarking and tapped potential, and optimized various major economic and technical indicators.

　　30. (000739) Prokangyu: Main financial indicators and distribution plan of the 2007 annual report.

　　I. Main financial indicators of the 2007 annual report

　　1. Earnings per share (RMB) 0.1247

　　2. Net assets per share (RMB) 2.78

　　3. ROE (%) 4.27

　　Second, no distribution and no increase

　　31. (000819) Yueyang Xingchang: Progress of New Drug Evaluation of Gastropathy Vaccine

　　The Drug Evaluation Center of the State Food and Drug Administration held a drug evaluation consultation meeting in Beijing from March 20 to 22, 2008, and conducted an expert evaluation consultation on the "oral recombinant Helicobacter pylori vaccine" (gastropathy vaccine) declared by Chongqing Kangwei Biotechnology Co., Ltd., a subsidiary of Yueyang Xingchang.

　　The review consultation meeting ended on schedule on March 22nd. According to the convention of the consultation meeting, its opinions have not been officially informed to Chongqing Kangwei and announced. According to the website of Drug Evaluation Center of State Food and Drug Administration (website: http://www.cde.org.cn), at present, the consultation and discussion of gastropathy vaccine has ended and entered the stage of "post-consultation review", and "five biological products review rooms are conducting comprehensive evaluation according to the consultation opinions".

　　32. (000819) Yueyang Xingchang: 40,791,244 restricted shares were listed and circulated on March 28th.

　　The number of tradable shares listed under this restricted sale condition is 40,791,244 shares.

　　The circulating date of the tradable shares with limited sale conditions is March 28, 2008.

　　33. (000835) Sichuan Shengda: The board of directors approved the proposal of lending 50 million yuan to hengfeng bank Chengdu Branch, and appointed Chang Feng as the executive deputy general manager of the company.

　　The 24th meeting of the 5th Board of Directors of Sichuan Shengda was held on March 25th, 2008, and the following resolutions were passed:

　　I. Proposal on the Company’s loan of RMB 50 million to hengfeng bank Chengdu Branch.

　　2. To appoint Mr. Chang Feng as the executive deputy general manager of the company.

　　34. (000851) Gaohong Shares: The 2007 Annual General Meeting of Shareholders was held on April 28th.

　　1. Convening time: 9: 00 am on April 28th, 2008.

　　2. venue: meeting room on the third floor of the main building of Datang Telecom Group, No.40 Xueyuan Road, Haidian District, Beijing.

　　3. Convening method: on-site voting method.

　　4. Convenor: Board of Directors

　　5. date of record: April 21, 2008

　　6. Main agenda of the meeting: Proposal of the Company’s 2007 Annual Report and Summary, Proposal of the Company’s 2007 Annual Profit Distribution, etc.

　　35. (000851) Gaohong Co., Ltd.: Main financial indicators and distribution plan of the 2007 annual report.

　　I. Main financial indicators of the 2007 annual report

　　1. Earnings per share (RMB) 0.04

　　2. Net assets per share (RMB) 1.93.

　　3. ROE (%) 2.12

　　Second, no distribution and no increase

　　36. (000897) Jinbin Development: Main financial indicators and distribution plan of the 2007 annual report.

　　I. Main financial indicators of the 2007 annual report

　　1. Earnings per share (RMB) 0.0643.

　　2. Net assets per share (RMB) 1.87.

　　3. ROE (%) 3.43

　　Two, every 10 shares of 0.2 yuan (including tax) increased by 4 shares.

　　37. (000897) Jinbin Development: The performance in the first quarter of 2008 is expected to increase by 50%-100%.

　　Jinbin Development predicts that the net profit in the first quarter of 2008 will increase by 50%-100% year-on-year.

　　In March, 2008, the company received a penalty of RMB 35.286 million from Tianjin TEDA Investment Holding Co., Ltd., which had an impact on the company’s operating performance in the first quarter.

　　38. (000897) Jinbin Development: The 2007 Annual General Meeting of Shareholders was held on April 18th.

　　(1) Meeting time: 10:00 am on Friday, April 18th, 2008.

　　(II) Meeting place: meeting room on the 11th floor of the company.

　　(3) Convenor: the board of directors of the company.

　　(4) Meeting method: voting on the spot.

　　(5) date of record: April 11, 2008.

　　(VI) Matters considered at the meeting: Proposal on the Company’s Profit Distribution Plan for 2007, etc.

　　39. (000901) Aerospace Science and Technology: The disclosure of the 2007 annual report was postponed to April 23rd.

　　Because the annual financial audit of Aerospace Science and Technology could not be completed within the expected time, the disclosure time of the company’s 2007 annual report was postponed to April 23, 2008 with the approval of Shenzhen Stock Exchange.

　　40. (000903) Power in the Cloud: Supplement to the 2007 Annual Report

　　Yunnei Power disclosed its 2007 annual report and abstract on March 8, 2008. In order to enable investors to know more about the company in detail, we now make a supplementary announcement on the relevant contents of the company’s 2007 annual report and abstract.

　　41. (000916) North China Expressway: The 2007 Annual General Meeting of Shareholders was held on April 18th.

　　1. Meeting time: 10:00 am on Friday, April 18th, 2008.

　　2. Meeting place: A301 meeting room of the company.

　　3. Convenor: the board of directors of the company.

　　4. Method of meeting: On-site voting by secret ballot.

　　5. date of record: April 10th, 2008.

　　6. Matters considered at the meeting: profit distribution plan for 2007, etc.

　　42. (000916) North China Expressway: Main financial indicators and distribution plan in 2007 annual report.

　　I. Main financial indicators of the 2007 annual report

　　1. Earnings per share (RMB) 0.286.

　　2. Net assets per share (RMB) 3.46

　　3. ROE (%) 8.27

　　2. Send 1.6 yuan for every 10 shares (including tax).

　　43. (000917) Dianguang Media: 2007 annual performance report, with earnings per share of 0.33 yuan.

　　Main financial data and indicators in 2007:

　　Earnings per share (RMB) 0.33

　　Return on net assets (%) 6.52

　　Net assets per share (RMB) 5.14

　　44. (000917) Dianguang Media: The extraordinary shareholders’ meeting passed the proposal to provide financial support for the holding subsidiaries.

　　The first extraordinary shareholders’ meeting of Dianguang Media in 2008 was held on March 25th, and the Proposal on Providing Financial Support for Hunan Xinfengyuan Investment Co., Ltd., a holding subsidiary, was passed.

　　45. (000931) Zhongguan Village: Major Litigation Progress

　　Beijing Plastics Trading Co., Ltd. and Beijing Longtianlu Real Estate Development Co., Ltd. sued Beijing Zhongguancun Development and Construction Co., Ltd., a holding subsidiary of Zhongguan Village, for the dispute over the infringement of equity transfer. The plaintiffs Plasticizing Company and Longtianlu Company applied to the court to withdraw the lawsuit. The court allowed to withdraw the lawsuit after examination, and the case acceptance fee of 61,866,500 yuan was borne by Plastics Company and Longtianlu Company. This case will not affect the company’s performance in 2007 and 2008.

　　46. (000931) Zhongguan Village: Progress of Major Events

　　After deliberation and approval at the second interim meeting of the third board of directors of Zhongguan Village in 2008, the company decided to suspend the sale of the equity of Beijing Zhongguancun Sihuan Pharmaceutical Development Co., Ltd. and applied to the China Securities Regulatory Commission to withdraw the Report on the Sale of Major Assets and Related Transactions. As the largest shareholder of the company, Pengtai Investment agreed to the company’s decision to suspend the sale of Sihuan Co., Ltd., and promised to buy Sihuan Co., Ltd. again at no less than 400 million yuan when the conditions are ripe. If other potential investors participate in the bidding, the highest bidder will win the bid.

　　On March 25th, 2008, the company received the relevant notice from the China Securities Regulatory Commission, and the China Securities Regulatory Commission decided to terminate the examination of the company’s application.

　　47. (000936) Huaxi Village: The board of directors agreed to acquire 75% equity of Jiangyin Chengyi Storage Co., Ltd. owned by Chenghua International.

　　The 24th Extraordinary Meeting of the Third Board of Directors of Huaxi Village was held on March 25th, and the Proposal on the Company’s Acquisition of 75% Equity of Jiangyin Chengyi Storage Co., Ltd. owned by Chenghua International Co., Ltd. was reviewed and approved.

　　48. (000973) Fosu shares: lease matters.

　　On March 21st, 2008, Fosu Co., Ltd. signed the Workshop and Equipment Lease Contract with Wuxi Zhenghan Iron and Steel Trading Co., Ltd., and the company plans to lease the 9,189.69 square meters workshop and a batch of equipment (including power supply facilities) located at No.226 Fenglin Road, Chancheng District, Foshan City to Zhenghan Company for use.

　　The rent is 1.1 million yuan per year and 1.1 million yuan per year (that is, 91,666.67 yuan/month).

　　The lease term is five years from April 1, 2008 to March 31, 2013.

　　This transaction does not constitute a connected transaction.

　　49. (002001) Xinhecheng: On March 28th, an online briefing on the 2007 annual report was held.

　　Xinhecheng will hold the 2007 annual report briefing session on the online platform provided by Shenzhen Securities Information Co., Ltd. from 15: 00 to 17: 00 on Friday, March 28, 2008. This annual report briefing session will be held by remote network, and investors can visit Panorama: http://irm.p5w.net to participate in the annual report briefing session.

　　Present at the briefing session of this annual report were Mr. Hu Baifan, Chairman of the Company, and others.

　　50. (002030) Daan Gene: Main financial indicators and distribution plan of the 2007 annual report.

　　I. Main financial indicators of the 2007 annual report

　　1. Earnings per share (RMB) 0.28

　　2. Net assets per share (RMB) 2.43

　　3. ROE (%) 11.49

　　2. Send 2 shares for every 10 shares, and send 1.3 yuan (including tax) to increase 4 shares.

　　51. (002030) Daan Gene: The 2007 Annual General Meeting of Shareholders was held on April 16th.

　　(1) Meeting time: starting at 9:30 am on April 16th, 2008.

　　(II) Venue: Lecture Hall, 1st floor, No.19 Xiangshan Road, Guangzhou Economic and Technological Development Zone, Guangdong Province.

　　(III) Convening method: on-site convening.

　　(4) date of record: April 9, 2008

　　(V) Agenda of the meeting: Proposal on Profit Distribution and Capitalization of Capital Reserve Fund in 2007, Annual Report of 2007 and its summary, etc.

　　52. (002036) Yike Technology: The board of directors agreed to invest in the establishment of Ningbo Hanma Industrial Product Development Co., Ltd.

　　The fifth meeting of the third board of directors of Yike Technology was held on March 25th, and it was agreed that the company and the holding company-Hanma Industrial Investment Holding Co., Ltd. jointly invested to establish Ningbo Hanma Industrial Product Development Co., Ltd. The registered capital of Ningbo Hanma Company is RMB 18 million, of which RMB 9 million is contributed by the company, accounting for 50% of the registered capital; Hanma Holdings invested 9 million yuan, accounting for 50% of the registered capital.

　　53. (002048) Ningbo Huaxiang: The performance in the first quarter of 2008 is expected to increase by 60%-90%.

　　Ningbo Huaxiang’s estimated performance in the first quarter of 2008: the net profit attributable to the owners of the parent company increased by 60%-90% compared with the same period of last year.

　　The reasons are:

　　1. The domestic passenger car industry has maintained a rapid development. The company’s main customers, Shanghai Volkswagen, FAW-Volkswagen, Shanghai GM and FAW Toyota, rank in the top ten in sales volume, and the sales volume of the company’s supporting parts has also increased.

　　2. The products supplied by the company have developed in the direction of assembly and modular supply. The batch supply of assembly finished products has improved the matching value of bicycles, thus driving the rapid growth of the company’s sales revenue and profitability.

　　3. The company’s related foreign investment in 2007 generated benefits.

　　54. (002064) huafeng spandex: The transaction fluctuated abnormally.

　　As of March 25th, 2008, the deviation of daily closing price of huafeng spandex stock has reached 20% in three consecutive trading days, which is an abnormal fluctuation of stock trading.

　　The company’s net profit in the first quarter of 2008 is expected to drop by less than 50% compared with the same period of last year. Except for the above matters, the company’s business activities are normal, and there is no information that should be disclosed but not disclosed at present.

　　55. (002065) Donghua Hechuang: The Board of Directors adopted the working rules for the review of the annual report of the Audit Committee of the Board of Directors.

　　The third meeting of the third board of directors of Donghua Hechuang was held on March 25th, 2008, and the following resolutions were passed:

　　1. Measures for the Administration of the Company’s Shares Held by Directors, Supervisors and Senior Management and Their Changes;

　　2. Working Rules for Review of the Annual Report of the Audit Committee of the Board of Directors of the Company;

　　3. Work System for Annual Reports of Independent Directors of the Company.

　　56. (002078) Sun Paper: The board of directors passed the proposal of external guarantee of the company’s holding subsidiary.

　　The 13th Board of Directors of the third session of Sun Paper was held on March 25th, and the Proposal on External Guarantee of the Company’s Holding Subsidiary was reviewed and approved.

　　57. (002083) Vosges shares: The annual general meeting of shareholders adopted the company’s annual report for 2007 and its summary.

　　The 2007 annual general meeting of shareholders of Vosges was held on March 25th, and the following proposals were reviewed and passed:

　　1. Work Report of the Board of Directors for 2007;

　　2. Work Report of the Board of Supervisors in 2007;

　　3. Annual Report of the Company in 2007 and its Summary;

　　4. Report on the Company’s 2007 Annual Financial Statements;

　　5. Proposal on the Company’s Profit Distribution in 2007 and Converting Capital Reserve into Share Capital;

　　6. Proposal on Determining Allowances for Independent Directors;

　　7. Proposal on Remuneration of Directors, Supervisors and Senior Management;

　　8. Proposal on Planning to Apply to Agricultural Development Bank for Comprehensive Credit of not more than 1 billion yuan;

　　9. Proposal on Providing a Total Guarantee of RMB 1.2 billion for Shandong Vosges Photovoltaic Technology Co., Ltd., a wholly-owned subsidiary;

　　10. Proposal on Renewing the Appointment of PricewaterhouseCoopers Zhongtian Certified Public Accountants.

　　58. (002093) Guomai Technology: external guarantee of holding subsidiary.

　　Guomai Zhongxun Network Technology (Hong Kong) Co., Ltd., a wholly-owned subsidiary of Guomai Zhongxun Network Technology Co., Ltd., a holding subsidiary of Guomai Technology, applied to CITIC Ka Wah Bank for a loan with a total amount of no more than US$ 6 million for a period of no more than eight months.

　　On March 25th, 2008, Guomai Zhongxun provided guarantee for the loan that Guomai Zhongxun (Hong Kong) applied for with a total amount of no more than USD 6 million. As of the date of this announcement, Guomai Zhongxun provided guarantee for the loan of Guomai Zhongxun (Hong Kong) with a total amount of USD 14 million (USD: RMB =1:7.09), equivalent to RMB 99.26 million, accounting for the company (including holding subsidiaries).

　　59. (002096) Nanling civil explosion: main financial indicators and distribution plan of 2007 annual report.

　　I. Main financial indicators of the 2007 annual report

　　1. Earnings per share (RMB) 0.635.

　　2. Net assets per share (RMB) 4.74

　　3. ROE (%) 13.39

　　Two, every 10 shares to send 3 yuan (including tax) to increase by 5 shares.

　　60. (002096) Nanling Civil Explosion: The 2007 Annual General Meeting of Shareholders was held on April 21st.

　　(1) Time of the meeting: 9:00 am on April 21st, 2008.

　　(II) Form of meeting: on-site meeting.

　　(3) Place of the meeting: Nanhua Hotel, Yongzhou City, Hunan Province.

　　(4) date of record: April 16, 2008

　　(5) Convenor of the meeting: the board of directors of the company.

　　(VI) Matters to be considered: Plan for Profit Distribution and Capital Reserve Fund Transfer to Share Capital in 2007, Annual Report and Summary of Annual Report of the Company in 2007, etc.

　　61. (002123) Rongxin shares: 23,201,961 shares issued before the initial public offering were listed and circulated on March 28th.

　　The number of shares issued before the initial public offering of Rongxin was 24,953,528, and the actual number of shares available for listing and circulation was 23,201,961. The listing and circulation date was March 28, 2008.

　　62. (002132) Stellar Technology: Prompt for Holding the 2007 Annual General Meeting of Shareholders on March 30th.

　　1. Meeting time: 9:00 am on March 30th, 2008 (Sunday).

　　2. Meeting place: company meeting room.

　　3. Convenor of the meeting: the board of directors of the company.

　　4. Mode of meeting: on-site meeting.

　　5. date of record: March 26th, 2008.

　　6. Meeting topics: 2007 Annual Report and Summary of the Company, 2007 Profit Distribution Plan of the Company, etc.

　　63. (002133) Guangyu Group: 12 million yuan was awarded by the government.

　　According to the relevant documents issued by Shangcheng District People’s Government of Hangzhou on February 3, 2008, in order to encourage the successful listing of Guangyu Group, the government gave the company a listing reward and support of 12 million yuan. The company has recently received this fund.

　　64. (002144) Hongda Warp Knitting: Notice of Holding the 2007 Annual General Meeting of Shareholders on April 18th.

　　(1) Meeting time: 2 pm on Friday, April 18th, 2008.

　　(2) date of record: April 11, 2008

　　(III) Meeting place: conference room on the 10th floor of Hongda Building, No.218 Haizhou Road, Haining.

　　(IV) Method of convening the meeting: voting on the spot.

　　(5) Convenor of the meeting: the board of directors of the company.

　　(VI) Matters considered at the meeting: Company II? ? Full text and abstract of seven-year annual report, Company II? ? Seven-year profit distribution plan of the company, etc.

　　65. (002144) Hongda Warp Knitting: Main financial indicators and distribution plan of 2007 annual report.

　　I. Main financial indicators of the 2007 annual report

　　1. Earnings per share (RMB) 0.23

　　2. Net assets per share (RMB) 2.75.

　　3. ROE (%) 7.09

　　2. Send 1 yuan for every 10 shares (including tax).

　　66. (002151) Big Dipper: Main financial indicators and distribution plan of 2007 annual report.

　　I. Main financial indicators of the 2007 annual report

　　1. Earnings per share (RMB) 0.85.

　　2. Net assets per share (RMB) 4.74

　　3. ROE (%) 14.82

　　Two, every 10 shares of 2.5 yuan (including tax) increased by 7 shares.

　　67. (002151) Big Dipper: The 2007 Annual General Meeting of Shareholders was held on April 16th.

　　1. Meeting time: 9: 00 am on April 16th, 2008.

　　2. Meeting place: the second meeting room of the company.

　　3. Convenor of the meeting: the board of directors of the company

　　4. Method of meeting: On-site voting.

　　5. date of record: 11 April 2008

　　6. Matters to be considered at the meeting: 2007 Annual Report and its summary, 2007 Profit Distribution Plan, etc.

　　68. (002154) Good news bird: the performance in the first quarter of 2008 is expected to increase by 45%-75%.

　　The good news bird predicts that the net profit attributable to the owners of the parent company will increase by 45%-75% in the first quarter of 2008 compared with the same period of last year.

　　The reasons are as follows: with the promotion of brand awareness and reputation, the added value of the brand has increased, the sales revenue has increased, the gross profit margin has increased, and the corporate income tax rate has decreased from 33% to 25%.

　　69. (002165) Hongbaoli: The distribution plan for 2007 was implemented, and every 10 shares were sent to 3 yuan (including tax) and 5 shares were added.

　　Hongbaoli’s profit distribution and capitalization of capital reserve fund in 2007. This plan is to distribute cash bonus 3 yuan for every 10 shares (including tax, after tax deduction, individual shareholders and investment funds actually send 2.7 yuan cash for every 10 shares), and increase 5 shares for every 10 shares.

　　Date of record: April 2, 2008;

　　Ex-dividend date: April 3, 2008;

　　The dividend payment date is April 3, 2008.

　　70. (002167) Dongfang Zirconium Industry: The 2007 Annual General Meeting of Shareholders was held on May 15th.

　　1. Meeting time: 03:00 pm on Thursday, May 15th, 2008.

　　2. Meeting place: conference room on the fourth floor of the company office building.

　　3. Convenor: the board of directors of the company.

　　4. Convening method: on-site voting.

　　5. date of record: May 9, 2008

　　6. Matters considered at the meeting: Profit Distribution Plan of the Company in 2007, Annual Report and Summary of the Company in 2007, etc.

　　71. (002167) Dongfang Zirconium Industry: Main financial indicators and distribution plan in 2007 annual report.

　　I. Main financial indicators of the 2007 annual report

　　1. Earnings per share (RMB) 0.51

　　2. Net assets per share (RMB) 4.29

　　3. ROE (%) 9.74

　　2. Send 0.5 yuan for every 10 shares (including tax).

　　72. (002172) Aoyang Technology: The annual general meeting of shareholders adopted the company’s 2007 annual report and its summary.

　　Aoyang Technology’s 2007 Annual General Meeting of Shareholders was held on March 25th, and the following resolutions were passed:

　　1. Report on the Work of the Board of Directors in 2007;

　　2. Work Report of the Board of Supervisors of the Company in 2007;

　　3. Report on the Company’s 2007 Annual Financial Statements;

　　4. Annual Report of the Company in 2007 and its Summary;

　　5. Special Report on the Use of Funds Raised by the Company in 2007;

　　6. The Company’s 2007 Annual Profit Distribution and the Plan for Converting Capital Reserve Fund into Capital Stock;

　　7. Proposal of the Audit Committee’s Resolution on Renewing the Appointment of Accounting Firms;

　　8. Proposal on Allowances and Expenses of Independent Directors;

　　9. Proposal on Daily Related Party Transactions of the Company in 2008.

　　73. (002185) Huatian Technology: Main financial indicators and distribution plan of the 2007 annual report.

　　I. Main financial indicators of the 2007 annual report

　　1. Earnings per share (RMB) 0.6052

　　2. Net assets per share (RMB) 4.53

　　3. ROE (%) 10.25

　　2. Transfer 5 shares for every 10 shares.

　　74. (002185) Huatian Technology: The 2007 Annual General Meeting of Shareholders was held on April 18th.

　　1. Convenor of the meeting: the board of directors of the company.

　　2. Meeting time: 10:00 am on Friday, April 18th, 2008.

　　3. Meeting place: Meeting room on the 7th floor of Huatian Apartment, No.14 Shuangqiao Road, Qinzhou District, Tianshui City, Gansu Province.

　　4. Voting method at the meeting: on-site voting method.

　　5. date of record: April 11th, 2008.

　　6. Meeting Matters: 2007 Annual Report and Summary, 2007 Profit Distribution and Plan for Converting Capital Reserve into Capital Stock, etc.

　　75. (002189) Lida Optoelectronics: Main financial indicators and distribution plan of the 2007 annual report.

　　I. Main financial indicators of the 2007 annual report

　　1. Earnings per share (RMB) 0.21

　　2. Net assets per share (RMB) 2.26

　　3. ROE (%) 7.03

　　2. Send 0.5 yuan for every 10 shares (including tax).

　　76. (002189) Lida Optoelectronics: The 2007 Annual General Meeting of Shareholders was held on April 20th.

　　I. Meeting time: 9:00 am on April 20, 2008.

　　2. Meeting place: Meeting room on the third floor of Building 103 of the Company.

　　III. Convenor of the meeting: the board of directors of the company.

　　Iv. mode of meeting: voting by on-site voting.

　　V. date of record: April 14, 2008

　　Vi. Matters considered at the meeting: Profit Distribution Plan for 2007, Annual Report for 2007 and Summary of Annual Report for 2007, etc.

　　77. (002194) Wuhan Fangu: Main financial indicators and distribution plan of 2007 annual report.

　　I. Main financial indicators of the 2007 annual report

　　1. Earnings per share (RMB) 1.3925

　　2. Net assets per share (RMB) 7.9126

　　3. ROE (%) 13.54

　　2. Transfer 10 shares for every 10 shares.

　　78. (002194) Fangu, Wuhan: On April 2nd, an online briefing session on the 2007 annual report was held.

　　Wuhan Fangu is scheduled to hold an annual report briefing session on the online platform provided by Shenzhen Securities Information Co., Ltd. from 15: 00 to 17: 00 on Wednesday, April 2, 2008. The annual report briefing session will be held by remote network, and investors can log on to the investor interaction platform: http://irm.p5w.net to participate in this briefing session.

　　Present at the briefing session of this annual report were Mr. Meng Qingnan, Chairman of the Company, and others.

　　79. (002194) Wuhan Fangu: The 2007 Annual General Meeting of Shareholders was held on April 16th.

　　(I) Convenor of the meeting: the board of directors of the company.

　　(II) Convening time: 9: 30am on Wednesday, April 16th, 2008.

　　(3) date of record: April 10, 2008

　　(IV) Venue of the on-site meeting: No.1 conference room on the fourth floor of Denso Building of the company.

　　(V) Convening method: on-site voting method.

　　(VI) Matters considered at the meeting: 2007 Annual Report of the Company and its summary, 2007 Annual Profit Distribution Plan of the Company, etc.

　　80. (002204) Huarui Cast Steel: On March 31, 2007, an online presentation meeting on the annual performance was held.

　　Huarui Cast Steel will hold an online presentation on its 2007 annual performance on the online platform provided by Shenzhen Securities Information Co., Ltd. from 15: 00 to 17: 00 on Monday, March 31, 2008. This performance online briefing will be held in a remote way. Investors can visit Panorama http://irm.p5w.net to participate in the annual report briefing.

　　Present at the performance briefing were Mr. Song Jiajing, the chairman of the company, and others.

　　81. (002208) Hefei Urban Construction: The Board of Directors adopted the Articles of Association (amendment).

　　The 10th meeting of the 3rd Board of Directors of Hefei Urban Construction was held on March 24th, 2008, and the following resolutions were passed:

　　1. Rules of Procedure of the Board of Directors (Amendment);

　　2. Rules of Procedure for Shareholders’ General Meeting (Amendment);

　　3. Articles of Association (Amendment);

　　4. Work System for Independent Directors (Amendment);

　　5. Decision System for Related Party Transactions (Amendment);

　　6. Rules on Major Decision-making Procedures (Revised);

　　7. Management System of Raised Funds (Amendment);

　　8. Information Disclosure System (Amendment);

　　9. The Management System of Executive Stock Ownership and Its Change;

　　10. Investor Relations Management System;

　　11. Work System for Annual Reports of Independent Directors;

　　12. Work Rules for the Annual Report of the Audit Committee.

　　82. (002216) Sanquan Food: The board of directors passed the proposal to replace the self-raised funds of investment projects that have been invested with raised funds in advance with raised funds.

　　The 6th meeting of the 3rd Board of Directors of Sanquan Food was held on March 25th, 2008, and the following resolutions were passed:

　　I. Proposal on Replacing Self-raised Funds of Investment Projects with Raised Funds in advance.

　　II. Proposal on Resignation of Ms. Li Rong as Deputy General Manager.

　　83. (002219) Unique flavor: The 2007 annual general meeting of shareholders was held on April 18th.

　　1. Convening time: April 18th, 2008 (Friday) from 9: 00 am to 12: 00 am, with a duration of half a day.

　　2. date of record: April 11th, 2008.

　　3. Meeting place: Jiayuan International Hotel, No.181 Airport Road, Chengdu.

　　4. Convenor of the meeting: the board of directors of the company.

　　5. Meeting method: on-site voting.

　　6. Meeting topics: Proposal on Profit Distribution in 2007, etc.

　　84. (200152) Shandong Airlines B: The 2007 Annual General Meeting of Shareholders was held on April 22nd.

　　1. Meeting time: April 22, 2008 at 10:00 am, with a duration of half a day.

　　2. Meeting place: meeting room on the 31st floor of Shandong Aviation Building, No.5746, Second Ring East Road, Lixia District, Jinan.

　　3. Convenor: the board of directors of the company.

　　4. Convening method: on-site voting.

　　5. date of record: April 17, 2008

　　6. Matters considered at the meeting: 2007 Annual Report of the Company and its summary, 2007 Profit Distribution Plan of the Company, etc.

　　85. (200429) Guangdong Expressway A: Major events, the company’s shares were suspended from March 26th.

　　Guangdong Expressway A is planning major asset restructuring matters, and will provide policy consultation and scheme demonstration to relevant departments within five working days after the publication of this announcement, so there are still uncertainties in related matters.

　　In order to protect the interests of investors and avoid significant impact on the company’s stock price, the company’s stock was suspended from March 26, 2008 upon the company’s application.

　　86. (200488) Chenming Paper Co., Ltd.: It intends to continue to provide guarantee for the relevant holding subsidiaries to apply for the comprehensive credit line of RMB in 2008.

　　On March 24, 2008, the sixth meeting of the fifth board of directors of Chenming Paper reviewed and passed the "Proposal on Providing Guarantee for Holding Subsidiaries to Apply for Bank Credit Line". The 2007 annual credit guarantee provided by the company for its holding subsidiaries has expired one after another. In order to ensure the normal production and operation of each holding subsidiary, the company intends to continue to provide guarantee for the relevant holding subsidiaries to apply for the comprehensive credit line of RMB in 2008, with a total guarantee amount of 2.25 billion yuan and a term of one year.

　　87. (200530) Great Cold B: Abnormal fluctuations in stock trading.

　　The trading price of Dalang B stock was abnormal in the two consecutive trading days from March 24 to 25, 2008, which was a stock price change.

　　At present, the company does not have any matters or information that should be disclosed but not disclosed.

　　88. (200625) Changan Automobile: Main financial indicators and distribution plan of 2007 annual report.

　　I. Main financial indicators of the 2007 annual report

　　1. Earnings per share (RMB) 0.34

　　2. Net assets per share (RMB) 3.89

　　3. ROE (%) 8.81

　　2. Transfer 2 shares for every 10 shares.

　　89. (200625) Changan Automobile: The 2007 Annual General Meeting of Shareholders was held on April 25th.

　　(1) Convening time: 9:00 am on April 25th, 2008.

　　(II) Venue: Multimedia Meeting Room of Chang ‘an Science and Technology Building, No.260 Jianxin East Road, Jiangbei District, Chongqing.

　　(3) Convenor: the board of directors of the company.

　　(4) Convening method: on-site voting method.

　　(5) date of record: April 18, 2008.

　　(VI) Matters to be considered at the meeting: 2007 annual report and summary, profit distribution in 2007 and plan for converting capital reserve into share capital, etc.

Editor: Zhou Zhongxiao

";
var guanggao2 = "";
if((video_ad_channel_id=="CN02"||video_ad_channel_id=="CN05")&&panduan1! ="C24757"&&panduan1! ="C20695"&&panduan1! ="C20694"&&panduan1! ="C10598"&&panduan1! ="C10473"&&panduan2! ="C15661000001"&&panduan2! ="C15661000003"&&panduan2! ="C15661000002"&&panduan2! ="C15661000004")
{
document.write(guanggao1);
}
if(panduan1=="C20695"||panduan1=="C20694"||panduan1=="C10598"||panduan1=="C10473"||panduan2=="C15661000001"||panduan2=="C15661000003"||panduan2=="C15661000002"||panduan2=="C15661000004")
{
document.write(guanggao2);
}

　　China Youth Network Shanghaisevenmoon28Nidian(Reporter Fan Huiqin, Xu Yizhen, correspondent Sun Jiaoshu) On July 27th, the 15th ChinaJoy Network Ethics and Game Culture Branch was held in Shanghai. As an important branch of the 15th China International Digital Interactive Entertainment Exhibition (ChinaJoy), the theme of this conference is "Game Development and Online Inheritance of Chinese Excellent Culture", aiming at implementing the "Opinions on Implementing the Inheritance and Development Project of Chinese Excellent Traditional Culture", promoting the implementation of the "China Good Netizen" project in the field of online games, creating a healthy and harmonious network ethics and game culture, realizing the creative transformation and innovative development of Chinese excellent traditional culture, and promoting the construction of online spiritual homes.

　　The conference was guided by the Network Social Work Bureau of the Central Network Information Office, co-sponsored by the Central Network Film and Television Center of the Communist Youth League, China Culture and Entertainment Industry Association and China Culture Network Communication Research Association, and hosted by Zhongqing Video, Mobile TV and China Youth Network. Relevant persons in charge of the Network Social Work Bureau of the Central Network Information Office, cultural experts and scholars, and representatives of game companies gave wonderful speeches and in-depth discussions on the core theme of "game development and online inheritance of Chinese excellent traditional culture", and put forward views and suggestions with great reference value.

　　(A) representatives of game enterprises: actively spread the excellent traditional Chinese culture with games as the carrier.

　　Ji Zefeng, vice president of Tencent Interactive Entertainment Group and Tianmei Studio Group, believes that the popular online games are one of the entertainment forms that teenagers love to see and hear, and can be used as an entry point for learning history and culture. For example, Li Shuai, a teaching teacher in Luoyang, Henan Province, used the derivative program "History of Kings" of the the glory of the king game to inspire students in the history class. This innovative teaching method that keeps pace with the times can achieve better teaching results, and also brings beneficial enlightenment to game companies and cultural educators. Games are endowed with certain social responsibilities because of their broad mass base and large market scale. At the same time, they also bear the advantages of "participation, interactivity, emotional resonance and motivation for learning", so games can stimulate the vitality of traditional culture in an innovative way. At the same time, Ji Zefeng also took the glory of the king, which has attracted much attention and heated discussion, as an example to explain how to implant excellent traditional cultural elements into the game, and then build a game worldview that integrates Chinese virtues and humanistic spirit.

　　Wu Xinxin, general manager of Netease Game Market, thinks that game enterprises should adhere to the spirit of "keeping, breaking and leaving" of craftsmen, make breakthroughs on inheritance, innovate on breakthrough, and continue the cultural essence in the game from the perspective of "cultural inheritance and innovation in the digital age". One of the important reasons why Netease games can continuously refresh the game industry’s perception of product life is to use the explosive IP of traditional culture to recreate traditional classics.

　　Edie, vice president of global brand and strategic cooperation of Perfect World, believes that Chinese culture is welcoming the opportunity of global communication, traditional cultural heritage can achieve China’s cultural self-confidence, and cultural self-confidence can help China’s culture go out to sea, and online games play a vital role as a communication carrier in the process of cultural exchange. Online games can break through geographical restrictions and truly realize communication without time difference. "Quality innovation, localization integration, open interaction, global integration and transcendence development" is the global communication strategy of the game industry at present and in the future.

　　Huang Wei, vice president of Sohu Changyou, analyzed the current situation of traditional culture in the game industry with the game "Eight Dragons". Martial arts culture is one of the important contents of Chinese traditional culture exported overseas, and the most representative martial arts novels of Jin Yong are one of them. In the game works adapted from the classic martial arts novels, China’s traditional poems and songs, supplemented by calligraphy, set off the ancient artistic conception, which can effectively promote and spread Chinese traditional culture.

　　(2) Representatives of experts and scholars: The combination of games and education calls for the development of "China style" online games.

　　Liu Zhejun, associate professor, master tutor and assistant dean of Tongji University, gave a keynote speech. China Youth Network reporter Fan Huiqin photo

　　In addition to bringing happiness to everyone, game technology has also played an increasingly important role in higher education. Liu Zhejun, an associate professor at Tongji University’s College of Art and Media, combined with his own teaching experience and research results, expounded the mode and prospect of cooperative development between higher education and game industry: on the one hand, colleges and universities cultivate talents for the game industry; On the other hand, games are intervening and changing the educational model of colleges and universities. In addition, game technology has shown exciting and infinite potential in interdisciplinary research, and traditional culture will glow with vigorous vitality in the organic integration of the two.

　　Ming Zongfeng, Executive Deputy Secretary-General of China Youth green grid Construction Communication Alliance, delivered a keynote speech. China Youth Network reporter Fan Huiqin photo

　　Ming Zongfeng, Executive Deputy Secretary-General of China Youth green grid Construction Communication Alliance, introduced the gamification education incentive system, which takes the concept of cultivating education and information technology as a means to highlight the process and realism of gamification education incentive, so that students can arouse their interest in learning, develop their personality potential and form good behavior habits and study habits in this process, which will be beneficial to the communication needs of Chinese excellent traditional culture.

　　Jiang Guangxue, director of Peking University Youth Research Center and special researcher of National Network Information Office, gave a keynote speech. China Youth Network reporter Fan Huiqin photo

　　The influence of online game industry on teenagers’ culture, education, entertainment and aesthetics can not be ignored. Jiang Guangxue, director of Peking University Youth Research Center and special researcher of the National Network Information Office, emphasized the educational and aesthetic functions of games in the process of cultural inheritance. He believes that the combination of online games and traditional culture should "respect the truth of history, respect the goodness of culture and build the beauty of games".

　　Tian Shu, deputy secretary general of China Online Game Guild Alliance, founder of CGG China Guild and president of KOK Guild, gave a keynote speech. China Youth Network reporter Fan Huiqin photo

　　For a long time in the past, most of the game types or themes that domestic gamers came into contact with were mainly western mainstream cultural backgrounds. At present, there is no shortage of game products with Chinese traditional cultural elements, but these games have not got rid of the western game mode of doing tasks, fighting monsters, upgrading, strengthening equipment and downloading copies indefinitely. Tianshu, deputy secretary-general of China Online Game Guild Alliance, founder of CGG China Guild Club and president of KOK Guild, believes that the world outlook, infrastructure and charging mode of games should truly conform to traditional culture, and should not only pursue external forms, but also highlight the personalized characteristics and symbols of game culture. Tianshu calls on game companies to develop and launch online games with "China style" based on games, so that teenagers can understand and inherit the splendid Chinese history and culture through games and grow into pillars of the country in the future.

　　(3) Representatives of government departments attending the meeting: integrate China wisdom, inherit Chinese culture and carry forward the spirit of China.

　　As of December 2016, the number of netizens in China reached 731 million, and the Internet penetration rate reached 53.2%. With the popularity of the Internet, online culture plays an increasingly important role in the daily life of netizens. As an important part of online culture, online games cover two-thirds of netizens and are deeply loved by the majority of players and netizens. The Central Network Information Office has always attached great importance to the healthy development of online games. At the beginning of 2016, it launched the project of striving to be a good netizen in China, aiming at promoting the socialist core values, cultivating and bringing up a new generation of good netizens in China, and actively promoting the dissemination of China’s concept of good netizens in online games and other online cultural fields, and successively guiding the activities such as the exhibition of positive energy deeds of the president of the "Qingye Cup" online game association and the training of online culture. Zhang Guangyao, director of the Network Social Work Bureau of the Central Network Information Office, said that online games play an important role in the construction of network culture and are also an effective carrier for inheriting and carrying forward Chinese excellent culture. And put forward four suggestions. First, consciously spread the concept of China’s good netizens in the field of online games, strengthen the recognition of cultural self-confidence of netizens, especially young netizens, and cultivate and bring up a new generation of good netizens in China; The second is to further popularize network literacy education, and guide the majority of gamers, especially teenagers, to form a civilized and healthy online lifestyle and a network behavior norm of respecting morality and being kind; Third, further strengthen the social responsibility of online game enterprises, and insist on paying equal attention to economic and social benefits.Set an example in fulfilling social responsibilities and strengthening youth’s online protection, promote the healthy development of online game industry, and make important contributions to the construction of network culture with China characteristics; Fourth, we should further use online games to inherit Chinese excellent traditional culture and actively explore its treasures. On the one hand, we should attract netizens to pay attention to, understand, love and inherit traditional culture; on the other hand, we should make good use of the Internet platform to strengthen cultural exchanges between China and foreign countries and promote Chinese culture to "go global".

　　Jin Haifeng, Vice President and Secretary-General of China Cultural Network Communication Research Association and Dean of Network State College of Changchun University, delivered a keynote speech. China Youth Network reporter Fan Huiqin photo

　　Facing the vast ocean of network information, every netizen has the responsibility and mission to promote truth, goodness and beauty, socialist core values and the positive energy of social civilization to more people in the position of online public opinion. Jin Haifeng, vice-president and secretary-general of China Culture Network Communication Research Association and dean of Network State College of Changchun University, mentioned in his speech that spreading Chinese excellent traditional culture to teenagers in a simple and enjoyable way through the Internet and games is one of the ways to practice "positive energy of network communication".

　　The Opinions on Implementing the Inheritance and Development Project of Chinese Excellent Traditional Culture points out that "culture is the blood of the nation and the spiritual home of the people. Cultural self-confidence is a more basic, deeper and more lasting force. " Kong Ming, Secretary-General of China Culture and Entertainment Industry Association, pointed out that in the development, production, operation and promotion of games, game enterprises should integrate China’s wisdom, promote China’s culture, spread China’s value, lead the positive energy of the network with Chinese excellent traditional culture, and create a clear and rich space for online entertainment and cultural communication.

　　China Securities Network News According to China International Aviation official micro-news, after the season change, Air China’s China-US route will increase to 14 flights per week. From March 31st, Air China’s American route will add three flights a week, including two flights from Beijing to new york, with flight number CA981/2 and Boeing 747. Beijing-Los Angeles added a new class with flight number CA983/4 and Boeing 777.

　　Core reading

　　Recently, the Ministry of Commerce, together with the Development and Reform Commission, the Ministry of Industry and Information Technology and other 16 departments, issued the "Several Measures on Invigorating Automobile Circulation and Expanding Automobile Consumption", proposing "supporting the large-scale development of used car circulation, and strictly implementing the policy of completely canceling the restrictions on the movement of used cars in all regions". In this regard, the relevant person in charge of the Ministry of Commerce said in an interview with this reporter that after the removal restriction policy is completely abolished, used cars will further realize free circulation throughout the country, and the supply of automobile products in various places will be more abundant, which will enhance the adaptability between supply and demand and better meet the demand for automobile consumption.

　　Recently, the Ministry of Commerce, together with the Development and Reform Commission, the Ministry of Industry and Information Technology and other 16 departments, issued the "Several Measures on Invigorating Automobile Circulation and Expanding Automobile Consumption" (hereinafter referred to as "Several Measures"), proposing "supporting the large-scale development of used car circulation, and strictly implementing the policy of completely canceling the restrictions on the movement of used cars in various regions". What is the background for the "Several Measures" to cancel the policy of restricting the movement of used cars? What new measures are there to accelerate the active second-hand car market? The reporter interviewed the relevant person in charge of the Ministry of Commerce.

　　Second-hand cars will further realize free circulation throughout the country.

　　Restricting the removal of used cars has always been a prominent problem that restricts the construction of a unified national automobile market. In the past few years, the State Council has deployed many times, and relevant departments and localities have conscientiously implemented it, and continued to promote the cancellation of the policy of restricting the movement of used cars, and achieved positive results.

　　According to the relevant person in charge of the Ministry of Commerce, some enterprises and the masses have reported that since the implementation of the national sixth emission standard for new cars nationwide, a few places have "added policy" to used cars, requiring foreign countries to transfer used cars to meet the national sixth emission standard, and vehicles with national fifth emission standards are not allowed to move in. At the same time, there are still some places that violate the existing regulations of the state and restrict the movement of used cars that meet the emission standards of in-use cars, which hinders the free circulation of used cars across regions, restricts the operation of enterprises and inhibits the automobile consumption demand of the masses, which has been strongly reflected by all parties.

　　In order to solve these problems, in May, the State Council issued a "package of policies and measures to stabilize the economy", which clearly required that the policy of restricting the movement of used cars be completely abolished. The "Several Measures" have further refined and implemented this to ensure that this measure will be effective as soon as possible. The first is to clarify the scope requirements. That is to say, it is required to implement this policy nationwide, including key areas for air pollution prevention and control, and promote the free circulation of used cars that meet the national five emission standards. The second is to clarify the time requirements. In a few areas, the policy of lifting the restriction on relocation has made slow progress. In order to ensure that this measure will be effective as soon as possible, it is further clarified that this measure will be fully implemented from August 1 this year.

　　According to the relevant person in charge of the Ministry of Commerce, according to the analysis of relevant institutions, at present, the flow of used cars in China generally presents a regional feature from first-and second-tier cities to third-and fourth-tier cities. After the removal restriction policy is completely abolished, used cars will further realize the free circulation throughout the country, promote the rich supply of automobile products in various places, enhance the adaptability between supply and demand, better meet the demand for automobile consumption, satisfy people’s yearning for a better life, and achieve good economic and social benefits.

　　The person in charge said that the Ministry of Commerce will closely follow the progress of the implementation of local policies with relevant departments, do a good job of supervision and inspection, and ensure that the policies are fully implemented and effective as soon as possible.

　　Thoroughly get through the difficulties in the circulation of used cars.

　　Used cars are an important link in the whole life cycle of automobiles. Invigorating the circulation of used cars can revitalize the stock of cars and increase the consumption of new cars, which plays a very important role in promoting the consumption of cars.

　　China’s car ownership has exceeded 300 million, ranking first in the world. After the car ownership reaches a certain level, the second-hand car market begins to increase in volume, which is the universal law of automobile consumption in the world. In 2021, China’s second-hand car trading volume reached 17.59 million, less than 6% of the car ownership, far below the proportion of the international mature car market. The problems of cross-regional restrictions on the movement of second-hand cars, unclear commodity attributes, and limited distribution business have seriously hindered the development of the second-hand car market.

　　According to the relevant person in charge of the Ministry of Commerce, on the basis of systematic combing and extensive investigation, the Ministry of Commerce has put forward a series of measures to comprehensively develop the circulation of used cars, hoping to completely break through the difficulties in the circulation of used cars, so that used cars can gradually standardize transactions, circulate freely and consume with confidence like new cars. These measures cover almost all aspects and fields of second-hand car circulation, from the registration of market entities to filing, to the accounting treatment and invoice issuance of second-hand cars, and then to the cross-regional circulation and transfer registration of vehicles. In addition to the total cancellation of the relocation restriction policy, the "Several Measures" also includes the following aspects &mdash; &mdash;

　　Support the development of distribution business and promote scale development. Enterprise distribution mode is the main circulation channel of the mature international used car market, accounting for about 70%. China’s used car market is dominated by the "broker+individual" model, and the problem of "small and weak" in the industry is prominent. To this end, the "Several Measures" require the abolition of unreasonable restrictions on the development of second-hand car distribution, and it is clear that enterprises with registered residences and business premises outside the second-hand car trading market can carry out second-hand car sales business. At the same time, because natural persons can’t issue sales invoices to the purchasing enterprises as sellers when selling used cars, in order to facilitate the people to sell cars and business operations, used car enterprises are allowed to issue invoices as buyers, that is, "reverse invoicing", and handle the transfer registration procedures accordingly.

　　Optimize transaction registration management and promote efficient circulation. The "Several Measures" clarify that the second-hand cars distributed by enterprises should be accounted for as "inventory goods" like new cars, and a separate endorsement should be made when the vehicles are transferred and registered, and a temporary number plate should be issued, which greatly optimizes the transaction registration process; For cities where automobile purchases are restricted, it is clear that the second-hand cars purchased by automobile sales enterprises and used for sales do not occupy the number plate index, further reducing the operating costs of enterprises and facilitating the circulation of second-hand car transactions.

　　Promote the professional, large-scale and standardized development of used car circulation

　　The "Several Measures" proposes to restrict natural persons from selling three or more used cars that have been held for less than one year in a natural year. In this regard, the relevant person in charge of the Ministry of Commerce said that this measure is more specific, but it plays an important role in promoting the professional, large-scale and standardized development of used car circulation.

　　This policy meets the needs of the development of used car circulation and the demands of the industry. According to the current regulations, individuals do not have to pay value-added tax when selling used cars, and they are tax-free. However, distribution enterprises should levy value-added tax according to a certain proportion of sales when selling used cars. For this reason, some second-hand car distribution enterprises carry out second-hand car distribution business in the name of brokers, and trade the vehicles under the name of individuals, resulting in the phenomenon of individual "backtracking". At present, the circulation of second-hand cars in China is dominated by "brokers+individuals", which leads to the "small and weak" industry, and has a negative impact on society, resulting in unfair competition and many transaction disputes, which has dampened consumer confidence and become a drawback of the industry. The industry calls for effective policies to effectively regulate this phenomenon.

　　This measure also draws lessons from the experience of the mature international automobile market. The Ministry of Commerce has fully investigated the management of second-hand car circulation in developed countries. The circulation of second-hand car transactions in developed countries is very common and there are many mature experiences and practices. For example, if an individual sells a certain number of used cars within a certain period of time, he is recognized as a used car dealer. At this time, he can no longer trade in his own name, and must pay taxes according to law. He must express his car condition information to the next distribution enterprise and consumers, and he must also bear the responsibility of quality assurance. The Ministry of Commerce also draws lessons from these international advanced practices.

　　This measure will not affect the normal car sales behavior of the majority of car owners. The starting point of this measure is to eliminate the phenomenon of individual "back-selling" and will not affect individual car sales. The number of cars in China has exceeded 300 million, and the number of individual owners is 215 million. Among the 215 million car owners, there are about 2 million car owners who own more than three or more cars. The Ministry of Commerce has conducted in-depth research. Among these 2 million car owners, it is rare to sell more than three cars that have been held for less than one year in one year. Therefore, this measure will not affect the normal car sales behavior of individuals. At the same time, this measure also reserved a half-year transition period, which also reserved sufficient time for reasonably guiding market expectations and ensuring a smooth transition of policies.

　　People’s Daily (August 18, 2022, 07 edition)

　　China Daily Online, June 13th (Zhu Yuehong) The rapid development of science and technology in China has amazed the world again and again. Did you, get there? In this issue of "Those Things in China", let’s take a look at how the Long March 11th carrier rocket, 5G technology and the prototype of the high-speed maglev train with a top speed of 600 kilometers per hour interpret the most dazzling technology wind in China, which makes many foreign netizens envy!

　　Explosion! The Long March 11th "One Arrow and Seven Stars" was successfully launched at sea for the first time.

　　On June 5th, the Long March 11th successfully launched "one arrow and seven stars" on the offshore platform, which was the first space launch in China, filled the gap in the launch of China’s launch vehicle at sea and provided a new launch mode for China to quickly enter space. International public opinion is highly concerned about this.

　　Reuters reported on June 5 that just after noon that day, the Long March 11 sea-launched solid launch vehicle ignited and lifted off from a large semi-submersible barge in the Yellow Sea. This small rocket is designed for rapid deployment and can be launched from mobile launch sites such as ships. This rocket carries seven satellites, two of which can accurately measure the information of sea surface wind field, thus forecasting typhoons.

　　According to the report, in recent years, China has made its space program a top priority, is striving to catch up with the United States and is committed to becoming a space power by 2030. China plans to start building its own manned space station next year.

　　The Asia Times reported on June 6 that some experts pointed out that the advantage of this sea launch is that it can make the launch site closer to the equator, because the launch of the same rocket in the equatorial region can improve the carrying capacity by nearly 20% compared with the launch in high latitudes. For example, China chooses to launch a rocket in the South China Sea near the equator, which can reduce the fuel required by the rocket and thus reduce the launch cost. Another advantage of launching rockets at sea is that it can reduce the harm caused by rocket debris falling on the ground.

　　The report also mentioned that the successful launch of the Long March 11th at sea is another example of China’s strength in aerospace and maritime technology.

　　According to a report in the Guardian, China is the third country to master the technology of launching at sea after the United States and Russia.

　　Foreign netizens are also amazed at China’s scientific and technological achievements.

　　Heavy! The 5G commercial license was officially issued, and China officially entered the 5G era

　　The 5G commercial license is coming! On June 6th, the Ministry of Industry and Information Technology of China officially announced the issuance of 5G commercial licenses, and China officially entered the 5G era!

　　Reuters reported the exciting news for the first time. According to the report, China’s Ministry of Industry and Information Technology officially issued 5G commercial licenses to China Telecom, China Mobile, China Unicom and China Radio and Television, marking a significant progress in China’s 5G commercial construction.

　　According to CNBC, the 5G network standard is regarded as crucial because it can not only support new applications such as driverless cars, but also support the next generation of mobile devices.

　　5G is not only widely used, but also covers a large area in China, which is also envied by foreign netizens.

　　On the YouTube platform, the video "Remote Ethnic Group Rises Above Poverty in Yunnan, China" released by New China TV on May 28th received rave reviews. Many netizens marveled that such a remote village actually had 5G, expressing their envy.

　　"One flower alone is not spring", and China is willing to share the latest achievements of 5G with the world. In the statement of the Ministry of Industry and Information Technology, a lot of space was used to show China’s open mind: in the research and promotion of 5G, China has always adhered to the concept of openness, tolerance, cooperation and win-win. In the technical trial stage, many foreign companies such as Nokia, Ericsson, Qualcomm and Intel have been deeply involved, and with the joint efforts of all parties, China’s 5G has a commercial foundation. In the future, China will, as always, welcome foreign enterprises to actively participate in China’s 5G network construction and application promotion, continue to deepen cooperation, seek common development and innovation of 5G, and share the achievements of 5G development in China.

　　On June 9th, New China TV released the video of "China ushers in a new era of 5G technology". As mentioned in the video, China welcomes enterprises at home and abroad to participate in 5G construction and share the achievements of 5G development.

　　After learning this news, foreign netizens praised China’s achievements in the field of 5G.

　　When it comes to 5G, you have to mention Huawei.

　　Not long ago, the British Broadcasting Corporation (BBC) used Huawei equipment to complete the world’s first live broadcast of 5G network TV, and its network effect amazed British audiences.

　　Before the live broadcast, BBC reporter Rory Salem-Jones excitedly shared the behind-the-scenes tidbits of the live broadcast on his personal social media account. He pointed the camera at Huawei’s equipment and said, "This is it, which can support our first 5G live TV broadcast in the UK!"

　　Shocking! China launched the prototype of high-speed maglev train with a speed of 600 kilometers per hour.

　　On May 23rd, the body prototype of China’s latest high-speed maglev train project rolled off the assembly line in Qingdao. This marks a major breakthrough in the field of high-speed maglev technology in China.

　　On June 8th, YouTube blogger Richard Aguilar published a post entitled "China Innovation! China’s new technological inventions and progress. In the video, he said excitedly that China has always shown us its latest inventions and technological innovations, and this year is no exception. China has also announced new technological innovations, such as the prototype of a high-speed maglev train with a top speed of 600 kilometers per hour. Foreign netizens were very excited after seeing it:

　　Foreign media have also reported on this.

　　The National Broadcasting Corporation (NBC) reported that with the maglev train, in some cases, ground travel may be faster than air travel.

　　Australian News Network believes that China engineers will make new breakthroughs. It is reported that the super-high-speed train developed by engineers in China can reach 600 kilometers per hour at present, and it may be faster than an airplane one day.

　　Sputnik news agency & radio’s report affirmed China’s efforts in maglev train. According to the report, to a large extent, maglev train is still a future technology. However, as early as 2002, China and Shanghai had already launched the world’s first high-speed maglev railway commercial operation line, using German technology, with a speed of 430 kilometers per hour.

　　CNN also lost no time in reporting this news.

　　The continuous emergence of scientific and technological achievements in China has made the world sit up and take notice. What surprises will China science and technology bring to the world in the future? Let’s wait and see!